According to a release published by the Philippine News Agency, the government is working with the IMF to conduct a study aimed at improving VAT collection efficiency, including a review of areas that have too many VAT exemptions.
Source: Orbitax
Latest Posts in "Philippines"
- Philippines Announces VAT Exemption on Medicines to Lower Healthcare Costs and Improve Access
- Philippines Faces Potential Tariffs as Trump Targets Countries with Digital Taxes
- Philippines President Approves VAT Refund Program to Boost Tourism by 2024
- Philippine Court Clarifies Input VAT Refunds for Zero-Rated Sales in Outsourcing Services Case
- Philippine Court Denies VAT Refund for Singapore Firm Due to Insufficient Documentation
